On July 10, YOFC (Yangtze Optical Fibre and Cable) rose 5.62% in regular trading, reaching HK$174.1 per share with turnover of HK$720 million, before settling around HK$171.0 with turnover expanding to HK$909 million.

On the news front, China Mobile released a centralized procurement tender for ordinary optical cables totaling 69.22 million core-kilometers over nine months — the largest optical cable procurement this year. The maximum limit price equates to approximately RMB 100 per core-kilometer (including cable), implying a fiber price of RMB 80-85 per core-kilometer, substantially exceeding market expectations. Industry research notes highlighted that some smaller manufacturers may not even bid at this price level, underscoring supply tightness.

Additionally, multiple optical communications companies released positive H1 earnings previews, with sector peers projecting net profit growth ranging from 170% to over 1,100% year-over-year, reinforcing the high-prosperity cycle in the industry. The broader optical communications sector rallied collectively, with Cambridge Technology surging over 10%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)